New GOP Proposal Raises Concerns About New Healthcare Insurance Marketplace Coverage Options

Recently, the GOP unveiled their big secret of a healthcare plan to the public. Instead of the warm welcome that they were anticipating, however, it only further stoked concern among citizens irrespective of party affiliation.

Is there cause for alarm on the GOP’s revised healthcare version, though? Here’s a closer look at what it does, and what is there to expect in the ‘Cruz Amendment.’


The Ted Cruz Amendment

In this new version, requirements for the new healthcare insurance marketplace coverage options appear to have gotten a lot less comprehensive than what is currently provided by the ACA. Here, the insurers could sell plans even if they are not all that comprehensive for as long as they also offer at least one ACA-compliant plan. Read more from this blog: http://bit.ly/2woRaS1

New Health Insurance Marketplace Coverage Options Possible with Proposed Bill

Uncertainties in the health insurance marketplace loom as the Trump administration reveals plans that could affect the Affordable Care Act (ACA). In line with this, some members of the Senate are hoping to establish stability by introducing the Individual Health Insurance Marketplace Improvement Act. Senators Tom Carper and Tim Kaine rolled out the bill in a bid to remove the uncertainties and stabilize the individual healthcare marketplace, as well as make premiums more affordable.

Calling for unity to improve, Carper and Kaine believe that the bill would make healthcare more affordable, accessible and stable for consumers while encouraging insurers to up their game.

Affordability

Cost is one of the major hurdles in encouraging all Americans to get insurance. Low income families, in particular, would opt-out of it since they don’t have the money to pay for premiums. Even though they will save a lot by having insurance, they don’t usually have the capacity to shoulder its cost. Read more from this blog. http://bit.ly/2upQuh8

CMS Looking at New Health Insurance Marketplace Coverage Options by 2018

Even as the Affordable Care Act (ACA), otherwise known as Obamacare, survives to live another day, the seeds of doubt have already been planted in the minds of the insurers. Is it on its way to a more sustainable future, or is this but a temporary reprieve from the threat of repeal and removal?

Waiting in the Dark

For most health insurers, it’s a lot like a waiting game--and in the dark, too. The new administration had been very vocal about providing a new model for the health insurance marketplace, but this confidence was doused by failure to gain approval from Congress. As a result, many of the providers are choosing to tread lightly, opting not to commit fully about staying on in the program, at least until the new administration does offer a clearer stand about what it intends to do about healthcare policies. Read more on this article: http://bit.ly/2po105o

Folks Keep a Keen Eye Out for New Health Insurance Marketplace Coverage Options

In 2013, the Department of Labor rolled out a memorandum explaining to its staff the new health insurance marketplace coverage options for the yet-to-be-enacted Affordable Care Act. The memo reassured everyone that the marketplace would be a “one-stop-shop” experience so that customers may find the health insurance option best suited for them.

Apart from that, a communication was issued specifically to employers offering health coverage to their employees and another to companies unable to fast-forward in response to ACA. The same department will now see the forms and guidelines related to these communications expired.

Originally, the purpose for the guidelines and forms was to compel all employers to coordinate with the proper authorities so that their employees could select their own health coverage. Now that the ACA is at risk of being repealed, guidelines such as those from DOL are being rendered moot.

The Waiting Game Begins

It’s not just employers under the governance of the Department of Labor that are awaiting for new word on new marketplace options. States and local communities are also becoming anxious, if not nervous, as the ACA repeal becomes more likely day-by-day and without a replacement in sight.

When the repeal is enacted, among the features possibly affected is the inhibition of coverage denial in the marketplace for health related reasons. The basis used for premium costs may also be soon revised. Under the ACA, factors such as gender, age, pre-existing conditions, health status, coverage duration, small employer specifics and industry, as well as, claims history, cannot be used in the basis of cost computation. Read more on this article. http://bit.ly/2mMqKXq

Moving Forward: Possible Effects of New Health Insurance Marketplace Coverage Options

At the end of January 2017, the open enrollment for health insurance enrollment through Obamacare has closed. To date, while many recognize the need for medical insurance, there are still a number of people who are hesitant to sign up for it. Not only that, but with President Trump’s victory comes rumors of drastic changes to or possible total repeal of the Affordable Care Act (ACA).

The Promise of Obamacare

Since 2010, the Affordable Care Act (ACA), fondly called Obamacare, has aimed to make health insurance simple to manage and easy to obtain for every individual. As of 2016, there are more than 11.7 million people who have found better and more affordable health insurance plans through the marketplace. This was an impressive improvement over the 47 million uninsured people prior to the implementation of the new health insurance marketplace.

Possible Futures for the ACA Marketplace

A few weeks after the national elections, there was a buzz about the possible repeal of the ACA. Now that President Trump has taken office, lawmakers under his administration have already been pushing for their own versions or revamps of the Obamacare program. For instance, Rep. Tom Price proposed increasing the premiums or contributions of each individual for their insurance accounts. He would like these paying individuals to receive tax credits so they can have enough funds set aside for their medical expenses. Read more from this blog: http://bit.ly/2m0PJGW

How Your Hospital can Help Patients with New Health Insurance Marketplace Coverage Options

A major concern for patients searching the health insurance marketplace is the cost of premiums, which are the out-of-pocket costs that are paid for health coverage. As of 2016, premiums are expected to rise above the regular inflation rate because medical claim costs will rise by 7 to 10 percent, according to a study.

Drug prices are also rising, causing premiums to go up. In 2017, premium plans sold through HealthCare.gov are expected to rise by 22 percent. Fortunately for your hospital, there are many ways you can combat rising premiums so that both patients and your hospital come out on the winning side.

Preventative Care

A lot of hospitals are starting to put a huge emphasis on preventative care through wellness programs, education and proper diet. These tactics help patients save money on repeat visits, which can be easily avoided with the proper preventive measures. Preventing patient readmission is also important for your hospital because it helps you avoid wasting resources consequently lowering your annual expenditures.
Read more from this blog: http://bit.ly/2k7rJyy

Overlaps in the Affordable Care Act Marketplace Present New Dilemmas

Everyone gets sick at some point, but the sad truth is that not everyone can afford medical treatment. As such, it’s not surprising that many medical bills end up unpaid, exposing healthcare providers to the risk of potential bad debt.


Fortunately, the Affordable Care Act marketplace offers people affordable health plans that can help protect them financially in times of illness. According to ObamacareFacts.org, there are at least 12.7 million people enrolled in the marketplace, which has helped bring the number of uninsured individuals to a historic low. Read more from this blog: http://bit.ly/2iqJF80

A Better and Healthier Future through the ACA

Since the signing of the Affordable Care Act (ACA) in 2010, the nation’s health care system has improved dramatically. Gone were the days when hospitalizations and treatments were difficult to pay for. Through this act, consumers are protected, and health care providers can easily provide their services to their patients, without worry of extensive paperwork or costs from insurance providers. 

Health Insurance Options: Making Smart Choices

As a hospital, an added service that you can give to your clients is to present them with their options for health insurance, especially if they have never applied for it before. If your patients find the right health coverage for their needs, then you won’t have to worry about getting reimbursed for your facility’s services. The best you can do is focus your attention on improving your staff’s services and providing the best care possible.

Assisting Patients: Going Above and Beyond

With new diseases emerging and the constant flow of patients, running a successful hospital can be taxing. How do you effectively operate with all of these demands? No matter how hard times get, your focus should always be on your patients. 

Young Adults Spell Trouble for Hospital Revenues

It’s official: the country has entered the Age of the Millennial. According to Pew Research census date, there are now 75.4 million millennials in America compared to just 74.9 million Baby Boomers, making the former the largest living generation in the country.

Social Security: Disability Benefits for Children

Most people are aware of the importance of social security. Some are not mindful, however, that certain benefits can extend to their family members, particularly their children. According to Daily Finance, of the approximately 58 million Americans who apply for and have Social Security, around 6% (or around 3.4 million) beneficiaries are disabled children.

Tips on Filing a Social Security Disability Claim

Filing a social security disability claim can be an inconvenient affair. It can be confusing and taxing; unless you have enough resources to follow through, the assistance of other people in the know, and tons of patience, you might probably give up and wait another year. Here are some pointers to help you through the rougher spots with your application. 

Unless you know a lot about law, better hire an attorney! Most people might forego this option, mainly because they think it costs a lot of money. Yes, you’ll need to pay for professional help, but you don’t need to pay everything upfront. Social security disability lawyers are mandated by the law to work on a contingency basis; that is, they cannot charge for attorney’s fees until they have won your case.

Always remember to keep in touch with your attorney, and update him whenever needed. However, keep in mind that hounding your lawyer will do nothing. No matter how eager you are to know the progress of your application, your lawyer can’t do anything much while he’s waiting. What he can do is to make sure that you have provided all the information required for your claim to stand a chance for approval.

Do not be discouraged if you’re denied the first time. Don’t lose hope if you get blocked on your initial application! Remember that every denial gets you closer to a court hearing, which may be an advantage to you.

Continue visiting your doctor. Your claim will need updated evidence of your disability every now and then. Doing so regularly (at least every 3 months) will keep your information about your disability current, a crucial factor in the approval of your claim once you get into a court hearing.